Properties

Comm Industrial For Sale For Sale

18,515 Sqft - 2560-2574 Lafayette Street, SANTA CLARA, California 95050

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Property Description

This industrial complex was initially constructed in 1951, has been developed to include 3 separate freestanding buildings and is currently 100% leased to 5 tenants with term & mo. to mo. rental agreements. Over the past several decades, the base of industrial buildings of this nature has been significantly reduced as these properties have been redeveloped to Residential, Retail & Office/R&D. Today, we generally find that the demand for buildings within this category exceeds the local supply. Given a relative low building to land coverage ratio of only 34%, this property provides for uncommon parking & outside material storage. Given that the 3 buildings have been demised into multiple units, this property may offer a prospective buyer the opportunity to occupy a portion of the complex, while collecting rent and with the objective of expanding over time. Located just off Central Expressway and with quick access to Highways 101 & 880, this is a very central Silicon Valley location.

Basic Details
Property Type : Comm Industrial For Sale
Listing Type : For Sale
Listing ID : 40963515
Price : $4,998,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 18,515 Sqft
Year Built : 1951
Lot Area : 53,991 Sqft
Features
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Santa Clara
City : SANTA CLARA
Zipcode : 95050
Street : Lafayette Street
Street Number : 2560-2574
Floor Number : 0
Longitude : W122° 2' 58.3''
Latitude : N37° 22' 3.1''
MLS Addon
Office Name : Compass
Area : All Other Counties/States
Address : 2560-2574 Lafayette Street
Cross Street : Central Expressw
LA1User Code : MLL494711
LA1Agent First Name : Rick
LA1Agent Last Name : Bell
Status Category : Sold
Tot # Parking Spaces : 50
Zoning : MH
List $/SqFt : $0
Age : 70
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $4,735
Total Deposits : $0
Bus Sq Ft of Bldg : 0 Sqft
TENANT EXPENSE : Electric, Other
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,998,000
Sold Price : $3,930,000
Previous Price : $0
Sale $/SqFt : $0
Comm Industrial For Sale For Sale
  • Listing ID : 40963515
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 18,515 Sqft
$4,998,000
Agent info
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